CMS wins FCA approval to trade British futures

China Merchants Securities is the third FCA-registered Chinese futures firm

China Merchants Securities (CMS), one of
China’s leading investment banks, has gained
approval from the UK derivatives watchdog to broke listed
derivatives, with a focus on commodities.

The bank intends to bridge the needs of its clients for
cross-border investment and financial services between the UK
and China, and tap into the internationalisation of the Chinese
renminbi (RMB) in London.